9708/13

Economics 9708/13October/November 2017

Cambridge AS Level · AS Level Multiple Choice · answer key with instant marking and worked solutions

30
questions
30
marks
60
minutes

Topics Methods of Government Intervention in Markets · Price Elasticity of Supply · Market Equilibrium and the Price Mechanism · Demand and Supply · Consumer and Producer Surplus · Price Stability · +14 more

Tap an option under each question to check it — your score builds as you go.

Q11MEconomic MethodologyFree sample

What distinguishes the very long run from the long run?

Options

A   the ability to change resource allocation
B   the ability to change the state of technology
C   the absence of government market intervention
D   the existence of variable factors of production

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29 more questions
  • Q2Factors of Production1M
  • Q3Production Possibility Curves1M
  • Q4Classification of Goods and Services1M
  • Q5Demand and Supply1M
  • Q6Elasticities of Demand1M
  • Q7Price Elasticity of Supply1M
  • Q8Price Elasticity of Supply1M
  • Q9Market Equilibrium and the Price Mechanism1M
  • Q10Market Equilibrium and the Price Mechanism1M
  • Q11Market Equilibrium and the Price Mechanism · Methods of Government Intervention in Markets1M
  • Q12Consumer and Producer Surplus1M
  • Q13Consumer and Producer Surplus1M
  • Q14Methods of Government Intervention in Markets · Price Elasticity of Supply1M
  • Q15Methods of Government Intervention in Markets1M
  • Q16Scarcity, Choice and Opportunity Cost1M
  • Q17Demand and Supply · Methods of Government Intervention in Markets1M
  • Q18Economic Systems1M
  • Q19Aggregate Demand and Aggregate Supply1M
  • Q20Price Stability1M
  • Q21Price Stability1M
  • Q22Balance of Payments1M
  • Q23Exchange Rates1M
  • Q24International Trade and Comparative Advantage1M
  • Q25International Trade and Comparative Advantage1M
  • Q26Protectionism1M
  • Q27Protectionism1M
  • Q28Fiscal Policy1M
  • Q29Exchange Rates · Balance of Payments1M
  • Q30Supply-Side Policy · Fiscal Policy1M
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